Tag: iran

The White House is increasing pressure on the Iranian regime as uncertainty in the Strait of Hormuz impacts inflation across Asia.

The US president wrote about talks with Iran on his social media platform after giving Iran a 48-hour ultimatum to open the Strait of Hormuz. Stock markets in Apac fell heavily on March 23.

US president Donald Trump has suggested the war in Iran will end soon after the price of a barrel of oil climbed above $100. Countries across Asia have been trying to conserve energy.

The US attack on Iran's nuclear sites is an escalation with an uncertain outcome; meanwhile Israel and Iran continue to trade blows, as Trump touts a ceasefire.

As a result of the conflict, oil prices have risen ahead of the US Fed's meeting this week; meanwhile many flights have been cancelled or diverted, and the safety of ships in the Strait of Hormuz is under scrutiny.

Members of the Corporate Treasurer team join sister title FinanceAsia's conference on compliance matters in Singapore.

PayPal agreed to pay a $7.7 million for allegedly processing payments for sanctioned individuals. How can CFOs avoid the same fate?

The lifting of Iran’s sanctions presents new opportunities for banks. Some are interested in going in Iran and some are not. CT investigates who is in and out.

SWIFT has allowed Iranian banks to reconnect to its networks since the official lifting of nuclear-related sanctions. However, global banks will not be entering Iran for a long time.

The Department of Financial Services’ (DFS) accuses Standard Chartered Bank of hiding information in transactions for which ING and HSBC have just incurred record fines.

China and Singapore have been left off a new list of countries exempted by the US from oil trade with Iran. The decision appears to be made based on the reduced volume of trade conducted, but the US has been cagey to make thresholds, if any, public.